Anonymous
16 May 2011 at 14:12
I raised the following query:
Ours is a service industry and registered under Service tax. As a part of providing service we use packing material. To save the packing material cost, we bought one corrugation manufacturing machine and making cartons ourselves by purchasing craft paper. While billing to our customers we do not charge anything separately for packing. Our service charges are inclusive of packing material cost. Hence we did not approach Central Excise department for any registration.
Now there is an objection from Central Excise department stating that it comes under manufacturing and we are supposed to comply with central excise formalities.
Please advice on the above.
Regards
N V Sudhakar
Bhavana
16 May 2011 at 14:08
We are getting professional bills from Advocates. upto mar,2011 Service Tax was not charged by the Legal firm.From Apr,2011 they charge 10.3% Service Tax on total bill.Whether ST is applicable w.e.f 01/04/2011? I did not get such information from net.whether TDS on Prof.bills is to be deducted on ST or on only professional fees?
Abeda S. Banu
16 May 2011 at 12:30
Sir,
We are both State Govt. emplolyees of West Bengal.
I am serving for 2+ years and my husband is just recruited as Govt employee.
I get HRA (Rs. 2400/-). As I reside on rent I get the consession in Income tax calculation.
His place of posting is about 250 km from my work place(Kolkata). In his job they get either quarter or HRA. He is residing on rent near his work place.
My question is:
Will we both get HRA ? If yes then please tell the respective law (article ?).
sri
16 May 2011 at 12:10
Dear Experts,
Please clarify the doubt.
I am having a doubt regarding the following queries; when, if, a person is required to pay service tax as a recipient of service for the service imported from the country other than India what would be value of service; for the payment of service tax need to pay. The queries are
1. If, the agreement to pay in Indian Currency, invoice value is Rs.10,000
(a)If TDS deducted from the Rs. 10,000, (Rs.10,000 less TDS on Rs.10,000), Service Tax on value?
(b)If TDS is not deducted from the Rs. 10,000 (pays Rs.10,000 to foreign vendor) and TDS pays from India Company, as per agreement. What is the impact on Service Tax and Income Tax? Service Tax on value?
2. If, the agreement to pay in Foreign Currency, invoice value is $10,000
(a)If TDS is deducted from the $10,000, ($10,000 less TDS on $10,000), Service Tax on value?
(b)If TDS is not deducted from the $10,000 (pays $10,000 to foreign vendor) and TDS pays from India Company, as per agreement. What is the impact on Service Tax and Income Tax? Service Tax on value?
Based on the above queries, I would like to know the following:
3. What is the impact on Service Tax (regarding the valuation of taxable service and others like gross amount?) and Income Tax (admissible or non-admissible expense and others, if any – amount), in both cases?
4. What are the requirements to be fulfilled regarding the same in both the cases, under different statutes?
Thanking you,
Yours faithfully,
Srikanth
Learner
preet
16 May 2011 at 09:44
Hello,
An employee open a cumulative provident account in a bank in 1992, in the name of employee and employer jointly. Now they get only 3 % interest on that amount as the reason the account is open as saving account. Now they want to transfer this amount to other provident fund account where they get 9% interest rate. How it is possible without charging any tax?
Anonymous
13 May 2011 at 22:33
Dear expert,
Whether a person is in possession of any information (which is against the revenue department)and wishes to notify the same to the department can submit the information to the income tax department.
whether the survey or raid or search or seizure will be conduct on that or not.
Please suggest me to the way to approach to the income tax department. coz it is the question of our National Interest.
give solution to me on sumit.gururani@gmail.com.
Anonymous
13 May 2011 at 21:01
Sir,
what is tax payable on the amount received after sale of a plot. the owner is Sr citizen.He has got this lansd from his father. Please guide & inform.
Kinds regards.
Anjesh
13 May 2011 at 17:30
what is the rate of excise duty on liquor chocolate???
what is required permission needed to be sought for manufacturing the same in mumbai ?????
Anonymous
11 May 2011 at 22:55
Sir,
i have sold my present property and want to book in a new launching project which is to hand over possession in end of 2014 will i be charged capital gain tax or if i book it within a year it can be exempted.
renting commercial property
I studied an order of the Delhi High Court which stayed the service tax levied on renting of immovable property for commercial purpose.
Now i reliably learnt that this order had been stayed by the Supreme Court.
Can anyone provide me the order of the Supreme Court.. pls..